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MAF to open two Carrefour stores in Mombasa by the end of the year
Having opened eight Carrefour stores in Nairobi since it entered the Kenyan market in 2016, Majid al Futtaim (MAF), the banner’s East African franchisee, has now revealed plans to expand beyond the capital, with two branches set to open in Mombasa during November. These will be located in City Mall Nyali and Diani Centre Point
22nd September 2020
Categories: SagaRetail News - Retail - Supermarkets - Naivas - Carrefour
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Jumia sees its number of active users jump by half
The number of annual active consumers (those who have made a purchase during the prior 12 months) using Jumia increased at an annual rate of 51% during the first three months of 2020, to 6.4 million, according to the online retailer’s latest quarterly report. The total number of orders it received rose by 28% year-on-year
15th May 2020
Categories: SagaRetail News - Retail - Supermarkets - Africa - Naivas - Carrefour - Internet retail - Consumer - Retail & Shopping Malls
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Kenyan retailers to ramp up e-commerce efforts in response to Covid-19 threat
Once referred to by Naivas chief commercial officer Willy Kimani as a “necessary evil,” Kenyan supermarket chains are now scrambling to ramp up their online presence as the number of Covid-19 infections in the country grows. During mid-March, Naivas, which established a partnership with Spanish delivery platform Glovo last year, announced that it would reduce
27th March 2020
Categories: Foodservice - SagaRetail News - Supermarkets - Naivas - Tuskys - Retail & Shopping Malls - Kenya
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Kenyan market leader Naivas sets its sights on smaller cities
Naivas has revealed plans to open four new stores during the coming months. Two of these will be in Nairobi (near the Yaya Centre shopping mall and on the Eastern Bypass), with the other two set for Mombaba and Embu, which is located 120km north of Nairobi. Naivas already has six outlets in Mombasa and one
21st October 2019
Categories: SagaRetail News - Retail - Supermarkets - Naivas - Kenya
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Blog: African retail has a governance problem
Corporate governance remains the Achilles heel of many African retail chains, threatening their long-term growth prospects While corporate governance failings are obviously not confined to Africa, recent years have seen a plethora of scandals and mis-steps that have destabilised some of the retail industry’s most prominent names and threatened to undermine the brand equity
23rd September 2019
Categories: Blog - Retail - Supermarkets - Africa - Nakumatt - Shoprite - Naivas - Tuskys - Sagaci Insights - Kenya - South Africa